I wouldn't say $BTC is looking strong OR weak right now- it's just more chop/ranging PA like we've been seeing since the Feb lows. We took both downside liquidity targets and are now approaching the 70-73k zone where I would LIKE to see some buyers step in- but ultimately, this choppy grind down is happening at the same rate as the last choppy grind down some weeks earlier (which was fully retraced), so this doesn't scream "weakness" to me- just more chop. We hit our HTF supply and instead of seeing a strong, sharp sell-off we are seeing the same chop we have been seeing for months- which is actually a good sign imo. End of the day- just more patience and waiting like we've been doing for weeks now until we get a more decisive move one way or another.

longneck
@AlexLongneck
BTC looking a bit weak here to you?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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